Digital transformation was important Pre-Covid. Now, it has become mission critical. In a volatile and challenging business environment, digital readiness ensures business continuity. If anything, Covid-19 has reinforced the importance of digitisation and forced companies to evaluate their digital strategies.
FROM THE EDITOR
In 1969, Minos Zombankanis, a Greek banker, arranged a syndicated loan from Manufacturer’s Hanover to the Shah of Iran, based on the funding costs of a set of reference banks. This was the origin of what later became the London Interbank Offer Rate – Libor. In addition to providing loans at rates pegged to Libor, banks that submitted figures for the benchmark had also begun
Nitin Nadkarni talks about his journey towards personal and professional excellence
Today’s disruptive business environment, rampant automation and evolving business models make the CFO’s role extremely challenging.
Following a prolonged lockdown, economic activity has started to revive. Some ‘green shoots’ are visible but they are of varying strength and differ significantly across sectors.
The accelerating pace of technological change is the most creative – and disruptive – force for the Finance function. Looking back to how businesses have adopted technology over the last 20 years, it is usually Finance that has taken a lead.
‘Hybrid work’, ‘remote work’, ‘flexi-working’, ‘work from home’ and ‘work from anywhere’ are just some of the phrases that have become commonplace in the corporate lexicon since Covid-19 struck.
The three recently-enacted farm laws mark a significant departure from the existing framework.Industry stakeholders reckon that these will benefit not only farmers, including small and medium ones who constitute over 80% of that population
The ostensible Indian enthusiasm about Joe Biden’s election as President of the United States, should not blurry the concerns of India’s foreign office as it seeks to protect the gains it unexpectedly received during the Presidency of Donald Trump.
Stephanie Flanders, Senior Executive Editor, Bloomberg Economics
Estimates suggest that the global economy may shrink by 3-4% in 2020 – the steepest slowdown since the Great Depression of the 1930s. Government borrowings are at levels not seen since World War II, and the consequences for money supply, fiscal stability, inflation and labour markets, among others, are considerable.
Shailesh Haribhakti, Chartered and Cost Accountant, Internal Auditor, Certified Financial Planner and Fraud Examiner
Dacher Keltner, Professor of Psychology at UC Berkeley, coined the phrase ‘survival of the kindest’ as a counterpoint to the Darwinian idea of ‘survival of the fittest’.
Suhasini Haidar, Diplomatic Editor, The Hindu
China remains the most urgent foreign policy challenge for India. The recent Ladakh standoff and the killing of Indian soldiers have triggered a re-balancing of border forces and a speeding up of India’s strategic ties with the US and other friendly nations, including a renewed interest in the Quad.
Anu Aga, Ex-Chairperson Thermax
Anu Aga’s life has been about overcoming difficult losses. The loss of her husband and son in quick succession at a very young age was very hard to deal with, but she quickly picked up the chords of her life and carried on.
Sukesh Nayak,Chief Creative Officer, Ogilvy
In today’s ‘6-feet economy’ of physically-distanced, homebound customers, consumer behaviour has become increasingly unpredictable – and branding and brand communication even more pivotal than ever.
Arun Duggal Former CEO, Bank of America India, now serves on Corporate Boards in India and overseas as Chairman and Independent Director.
In recent months there have been a lot of issues regarding CEO and Board-level appointments.
Manish Sabharwal, Chairman and Co-founder, Teamlease Services
Cries for ‘mega reforms’ have been coming for years from various sources. Critics argue that the current government has lagged expectations on reform initiatives while others point to the fact that it has progressed in a number of structural areas that were hobbled by years of neglect and inefficiency.